Risk Management Coursework Example | Topics and Well Written Essays - 1500 words

Risk Management - Coursework Example A successful debris-control problem can significantly minimize the cost of FOD damage, as well as the possibility for injury to personnel. The paper investigates risk of ground damage on airports, which is a significant cost for airlines and airport operators. Foreign object debris manifest in diverse forms and emanates from diverse sources and can be located within an airport’s air operations area (AOA). FOD can yield to aircraft damage in the form of punctured or torn tires, engine failure, and nicked turbine/propeller blades. A FOD prevention program highlights aspects such as facility inspection, maintenance, and synchronization between all affected parties can reduce FOD as well it impacts (Castro, 2011). FOD can yield to damage via direct contact with airplanes by cutting the airplane tires, or injuring people or damaging airplanes after being propelled by the jet blast. The resultant damage can cost the aerospace industry close to $4 billion every year. Airports, airpor t tenants, and airlines can minimize this cost by embracing steps to safeguard airport FOD. Risk Assessment FOD programs derive from three fundamental areas of emphasis: first, it eradicates diverse categories of FOD inclusive of â€Å"processing debris† and treat all FOD as avoidable and with equal significance. Second, it re-emphasizes the role and authority for FOD safeguard at the operations level. Third, it promotes the significance of comprehensive independent evaluation by contractors and the government. Risk assessment against ground damage on airports is a significant cost for airlines and necessitates analysis of hazard scenarios (Sadgrove, 2005). The risk assessment module typically might address hazard scenarios during approach and landing; and, assessment scenarios as per the runway physical status (current situation, measures to minimize risk, and compliance). Risk analysis necessitates calculation of quantitative risk based on the approach for all scenarios (Ca stro, 2011). Assessment scenarios encompass detailed specifications suitable for all hazards spheres such as the present situation vs. regulatory compliance; the impact of projected internal/external development; and, cases incorporating diverse intermediate, as well as other measures such as removal of obstacles off and on the field, and modification of ground operations (Patankar & Taylor, 2004). Safety Risk Management can be categorized into three elements, namely: hazard identification, risk appraisal, and risk alleviation. The core objective of risk management centers on ensuring that all risks remain at an acceptable level. Risk assessment has overtime been one of the most challenging aspects of the risk management process for aviation operations. This arises from the subjectivity engaged in determining the severity of the consequences of damage from foreign objects and the absence of quantitative information on the likelihood of this occurring. Hazard identification centers o n collecting and analyzing safety data, which necessitates collection of safety data such as mandatory occurrence reports, safety reports, and safety surveys and audits. Hazard identification relates to collecting and appraising safety data, which is pertinent to spotlighting safety issues. Hazard identification avails the input for risk assessment. The analysis of risks entails probing existing controls and establishing whether they

London underground Essay Example | Topics and Well Written Essays - 2500 words

London underground - Essay Example It is also the first railway network to operate electric trains, in 1890, which now forms part of Northern line. The purpose of this paper is to explore the history of the London underground, its map design, services, fare, and system. It will also discuss improvements that need to be made in order to improve its functionality, especially with regard to whether or not a ladies carriage should be opened. Finally, the paper will discuss the safety issues and the ridership statistics. The history of railway construction in the United Kingdom can be traced back to early 19th century in which six railway terminals were built on the outskirts of London at around 1854. This include the Euston, King’s Cross, London Bridge, Waterloo, Paddington and Bishopsgate. During this period, there was only the Fenchurch Street that was located at the central business district of London City. This saw an increase in traffic jams, partly due to the desire for rail travelers to be able to reach the city centre by road. Therefore, as a means to decongest traffic in London, a proposal that had been made in 1830s, to construct an underground railway to connect the London City with the mainline terminals was re-energized in 1850s. This was due to the public pressure exerted on the government by commuters who were concerned about the traffic congestion in the city, which led to a lot of delays to reach the London’s city centre where they worked. As a result, in 1855, an Act of Parliament was passed approving the building of an underground railway between Farringdon Street through King’s Cross and Paddington, which was to be called the Metropolitan Railway. The project received a financial backing from Great Western Railway (GWR) when it consented that a junction would be constructed to link underground railway and mainline terminus at Paddington. Moreover, the GWR also accepted to design distinctive trains to link with the new subterranean

Tourism in Myanmar Essay Example | Topics and Well Written Essays - 3000 words

Tourism in Myanmar - Essay Example The case of Myanmar is one which shows how negative impressions of traditional media have led to a lack of tourism. The conditions of the country are known for political unrest, tyranny and social communism, all which have stopped the tourist industry. Currently, Myanmar is interested in opening the doors to tourism, specifically to build the economy and to develop a global openness required. The need to change the tourist perspectives; however, is limited by the negative impressions. To change this, the use of social media can be used with strategies that develop positive impressions on the cultural and social activities that one can enjoy in the region. By creating a social media strategy, there will be the ability to reach a larger target market while creating interactions and developments with the tourism and travel industry. Introduction The ability to reach current target markets is one which is no longer dependent on brick and mortar stores and traditional advertising. To reac h the needed areas, there is the need to create more alternatives with the use of online marketing, specifically with the current trends that are available. Social media is one of the areas which invites new opportunities for advertising while ensuring that the correct target market is met. This paper will look at the marketing of a mystical country, Myanmar, with the use of social media. ... The problems with the country are based on multi – faceted perspectives that come from the political and social agendas that are in the area. The problems are based on political issues, interests and agendas that have turned tourists away from the region. Many look at the area as corrupt while other tourists do not regard the place as a destination because of the political and cultural system. The ability to be open for tourism is not a primary concern in the area, making it difficult for travelers to move through the region while finding the best outlets for the travel desired. These particular problems are continuous with the references such as the area being the land of fear, specifically because of the political regime and social closure that is surrounding the area (Henderson, 2010). The development of Myanmar to the current date is one which is continuing to follow this trend, leading to a large number of individuals to not travel into the area. The socialist economy and political agenda is followed by the closure within the country for travel. However, the current changes into a global economy and into alterations with the political and economic system are also indicating that there is the need to open Myanmar to travel and to alter the political and economic perspectives of the country (Toshihiro, 2010). In current years, they have opened to tourism with the recognition that Burma needs to expand into offering more opportunities for expansion in this area. The movement has opened to an average of 3,000 from China visiting the area in 2011, which is a 33% increase from past years. The global number of visitors has increased to 792,000 travelers, which is inclusive of a

Corporation Tax and the Harberger General Equilibrium Model Essay

A corporation can be defined as firstly having limited liability, where its owners, the shareholders, are not required to use their personal assets to pay the debts of a failed company; thus the owners and the corporation are separate legal entities. Secondly a corporation has delegated management where the decisions of how the company is run, are left to the managers whom are separate from the owners. Finally the owners of the corporation can easily transfer their share of ownership through the exchanges in the financial markets. The tax on a company’s profits which is the difference between the company’s gross income and its business costs is thus called the corporation tax. Now it may appear that as the tax is on the profits of the company and so the company must pay the tax, however there are many individuals such as the employees, consumers and owners on whom the corporation tax can be passed on too. I will look at the Harberger general equilibrium model, which analyses the incidence of the corporation tax by splitting the US economy into two sectors, the corporate and the non-corporate, which produce goods X and Y respectively. There are several assumptions made in the model which are that there is full employment, and after the tax, if initial prices continue to prevail, then government would just counterbalance the reduction in private expenditure on the two goods. There is also free mobility of factors across sectors, competitive markets and constant returns to scale, as well as a closed economy and free mobility of factors across sectors. It is also assumed that the redistribution of income among consumers will not change the patterns of demand. The analysis by Harberger shows that there are several variables wh... ...us allows for the corporate returns to recover to a point of equilibrium in the long run where the returns in the two industries are at a lower but equal rate. If the results of Harbenger are to be believed, where owners of capital bear the full or close to the full burden of the tax, then there should be cause for concern for countries implementing high levels of corporation tax. This is because there is a global trend for increasingly higher levels of capital mobility. Therefore, owners of capital would be able to somewhat avoid the tax burden by avoiding countries with high capital tax rates, and thus restricting the flow of capital to those countries. However, given the large number of variables which need to be taken into account when determining the incidence of the corporate tax it is still not completely clear who bears the incidence of the corporate tax.

Physiological Adaption Fish

Physiological Adaptation of Fish to Its Environment BIO101 March 11,2013 Physiological Adaptation of Fish to Its Environment All organisms around the world are sparsely distributed depending on the environment that best suited to their modes of survival. Organisms undergo adaptation – an evolutionary process where they became well-suited to a particular. The process of adaptation happens through the natural selection, whereby nature selects those organisms that suit a certain habitat and sustain them for successive generation and ones that do not perish, hence the theme of survival for the fittest.The surviving species pass the same favorable features to their generation for their further survival after a progressive reproduction. Physiological adaptation of fish to their habitat depends on what the nature favors to suit them. Below is the illustration of the external and internal features of a fish (â€Å"Internal Salmon Anatomy Worksheet Key,† 2011): Water bodies have a diversity of conditions that enable fishes to adapt to their survival. The physiological adaptation of these animals varies to a particular habitat, and it relates to how their metabolism works to counter the changing environment.Fish metabolic activities seek to regulate their body functions in any opportune change of their environment and adapt to it. To control the body temperature, fishes undergo physiological thermoregulation. The physiological and metabolic activities regulate the body temperature and maintain it by means of countercurrent exchange system. The countercurrent exchange system is one where the hot blood in the blood vessels, as a result of muscular activities, passes along and gives up some heat to the blood in the adjacent blood vessels, which is flowing to the other parts of the body. This way fishes are able to keep warm.Fish also have the survival tactics in areas where water temperatures are on the point of freezing all the year round – like in the Antarctica region. In order to overcome the darkness due to the ice over the water surface, fish have a specialized sensory system called mechanosensory lateral line, which enables them to sense the motion of other animal in their environment and allows them to feed. However, some fish subspecies normally live in the freshwater and in seawater depending on the environmental opportunities that affects their chances to survive (WhyEvolutionIsTrue, 2012).Freshwater fish have a mechanism, which makes possible them to concentrate salt within their bodies in the environment of salt deficiency; consequently, marine fish have the capability to excrete excess salt in the hypertonic environment. The latter as well has chloride cell in their gills, which produce enzyme called gill Na+/K+ATPase that enables them to ride their plasma of excess salt build up when they drink seawater. The enzyme is applied to pump sodium out of their gills using the energy generated from the muscle.Freshwater fis h have a physiological mechanism that allows them to concentrate salt and compensate their sanity environment. They achieve the balance of the body and that of the surrounding by producing very dilute, copious urine to rid them of the excess water in their body while taking ions through their gills (â€Å"Fish in Their Environments: Habitats & Adaptation,† 2010). Their adaptation favors their capability to adjust to the changing environment. The swordfish has a modified eye muscle with a concentration of mitochondrion cells.The mitochondrion organelles perform the duty of breaking down of food to obtain energy for normal eye movement and to provide heat for blood going to the brain. The physiological system of fish also operates within a fluid environment despite the change its environment. Osmoregulation in fish aims to get a stable balance of uptake and loss of water and solutes through their excretory organs. Marine fish, for example, bony fishes, are hypo-osmotic to seawa ter; respond to loosing water in their bodies by osmosis and gain salt by diffusion and from the food they eat.They also take up chloride ions through their skin and gills to balance osmotic condition of their environment. In conclusion, fish, like all other animals, have their mode of adaptation to survive in their habitat regarding the circumstances that occur. They will continue to reproduce passing those adaptations to their next generation. References Internal salmon anatomy worksheet key. (2011, January 14). U. S. Fish & Wildlife Service. Retrieved from http://www. fws. ov/r5crc/salmon/workbook/homework_salmon_anatomy_internal_key. htm Fish in their environments: Habitats & adaptation. (2010, March 3). Earthguide. Retrieved from http://earthguide. ucsd. edu/fishes/environment/environment_zones. html WhyEvolutionIsTrue. (2012, April 11). Parallel adaptation in fish: Same genes used over and over. Why Evolution Is True. Retrieved from http://whyevolutionistrue. wordpress. com/20 12/04/11/parallel-adaptation-in-fish-same-genes-used-over-and-over/

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Problem Set - 663 Words

Me1 Problem Set #2 The US College Enrollment and the â€Å"Third Law of Demand† A theorem proposed by Professors Alchian and Allen in their text, University Economics (1964) has had several rebirths of interest in the literature. The so-called â€Å"third law of demand,† or â€Å"relative price theorem,† holds that a fixed cost added to a good of varying quality causes the consumer to prefer the category considered of higher quality to the lower. Recently a number of studies, keeping this theorem in mind have looked into a relationship between the ratio of public to private enrollment and unemployment in cross-sectional as well as in time series data. Part of the full cost of participating in higher education is foregone employment income. In their†¦show more content†¦Tables 2 and 3 show a clear distinction between the two genders. Table 2 Dependent Variable: Enrollment Ratio for Males (t values in Parentheses) State Level Data Repressors Coefficient Estimates CONSTANT 9.032 (1.196) UNEMPLOYMENT 0.8753 (0.539) UNEMPLOYMENT SQUARED 0.0l0 (0.409) INCOME -0.00008 -(0.354) FINANCIAL AID -0.1065** -(1.618) TUITION RATIO -5.4489 -(0.565) POPULATION -0.0029* -(1.881) N= 51, R2 =0.1503 ,F =1.297 Table 3 Dependent Variable: Enrollment Ratio for Males and Females (t values in Parentheses) State Level Data Repressors Coefficient Estimates Females Males CONSTANT -286.542 9.032 -(1.210) (1.196) UNEMPLOYMENT 99.510* 0.8753 (1.956) (0.539) UNEMPLOYMENT SQUARED -1.187* 0.010 -(1.491) (0.409) INCOME 0.01515** -0.10008 (2.240) -(0.354) FINANCIAL AID -4.4702** -0.1065* -(2.165) -(1.618) TUITION RATIO -114.185 -5.4489 -(0.378) -(0.565) POPULATION -0.0636 -0.0029* -(1.296) -(1.881) N 51 51 R2 0.2171 0.1503 F 2.034 1.297 **0.05 level of significance * 0.01 level of significanceShow MoreRelatedproblem set 2959 Words   |  4 Pagesï » ¿PROBLEM SET 2 Name: ___________________________________ Problem Set 2 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 4. 1. 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